Fred Alger Management, an investment management company, released its “Alger Weatherbie Specialized Growth Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Initial volatility in April stemmed from increased trade policy uncertainty following President Trump's tariffs on April 2, which affected import-dependent companies. Stability returned on April 9 after a 90-day pause on new duties. Market sentiment improved in May following the White House’s suspension of reciprocal tariff hikes on China on May 12. In June, trade talks—featuring faster rare-earth shipments and delayed tariffs—helped the S&P 500 reach a record high, ending Q2 with a 10.94% gain. Class A shares of the fund outperformed the Russell 2500 Growth Index during the second quarter of 2025. In addition, please check the fund’s top five holdings to know its best picks in 2025.
In its second-quarter 2025 investor letter, Alger Weatherbie Specialized Growth Fund highlighted stocks such as Sterling Infrastructure, Inc. (NASDAQ:STRL). Sterling Infrastructure, Inc. (NASDAQ:STRL) provides e-infrastructure, transportation, and building solutions in the United States. The one-month return of Sterling Infrastructure, Inc. (NASDAQ:STRL) was 28.50%, and its shares gained 154.79% of their value over the last 52 weeks. On September 23, 2025, Sterling Infrastructure, Inc. (NASDAQ:STRL) stock closed at $371.84 per share, with a market capitalization of $11.311 billion.
Alger Weatherbie Specialized Growth Fund stated the following regarding Sterling Infrastructure, Inc. (NASDAQ:STRL) in its second quarter 2025 investor letter:
[SRC] https://finance.yahoo.com/news/robust-results-sent-sterling-infrastructure-131325259.html
